HOT news tag

REUTERS/Bobby Yip
Apple had previously banned developers from
creating Bitcoin apps for the App Store. Back in February,
Apple pulled a popular Bitcoin app from the
store.
Apps may facilitate transmission of approved virtual
currencies provided that they do so in compliance with all state
and federal laws for the territories in which the app
functions.
The new clause under section 11.17, which was flagged by folks on
Twitter like
investor Bill Lee today, reads:
That sounds like Bitcoin!
It looks like Apple has updated its app developer guidelines
today to allow for Bitcoin apps.